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MESILLA PARK, NM 88047

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MESILLA PARK, NM real estate market (88047) currently shows 3 active listings, with 2 pending sales. Homes are averaging 316 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 316 days on market compared to 156 days last year.

The median listing price has risen 12.5% year-over-year, from $440,000 to $495,000.

Whether you are buying or selling in MESILLA PARK, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,372  ·  Density: 82.2/mi²  ·  Median household income: $45,058

Typical home value: $0  ·  Homeownership: 90.6%

Market Overview

Active Listings
3
vs 3 last year
Pending
2
67% pending ratio
Median Price
$495,000
⇧ 12.5% vs $440,000 last year
Average Price
$495,000
⇧ 13.4% vs $436,667 last year
Days on Market
316
⇧ 102.6% vs 156 days last year

Price Per Square Foot

Median $/sqft
$177
⇧ 0.6% vs $176/sqft last year
Median Home Size
2,798 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 316 now vs 156 last year

Median & Average Pricing

Year over Year
  • Median: $495,000 (+12.5% YoY)
  • Average: $495,000 (+13.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.9 miles — 1,208 listings ($463,289,057 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
88047Mesilla Park, NM 880470.0 mi3$1,147,350$382,450$382,450
88001Las Cruces, NM 880015.7 mi104$25,567,984$229,025$245,846
88058San Miguel, NM 880587.6 mi1$220,000$220,000$220,000
88024Berino, NM 8802411.8 mi2$697,000$348,500$348,500
88032Dona Ana, NM 8803212.7 mi3$1,162,500$387,500$387,500
88005Las Cruces, NM 8800516.1 mi136$66,292,928$373,500$487,448
88021Anthony, NM 8802117.7 mi27$18,899,055$549,750$699,965
88007Las Cruces, NM 8800719.7 mi156$92,372,124$528,720$592,129
79911El Paso, TX 7991121.9 mi110$62,907,570$535,200$571,887
79934El Paso, TX 7993424.5 mi229$65,290,419$284,950$285,111
88044La Mesa, NM 8804425.3 mi14$6,229,860$407,500$444,990
88008Santa Teresa, NM 8800827.4 mi224$81,094,944$352,475$362,031
79924El Paso, TX 7992427.9 mi199$41,407,323$195,433$208,077

Frequently Asked Questions

How many homes are for sale in MESILLA PARK, NM 88047?

As of March 2026, there are 3 active listings in MESILLA PARK, NM (zip code 88047), compared to 3 the prior year.

What is the median home price in MESILLA PARK, NM 88047?

The median listing price in MESILLA PARK, NM 88047 is $495,000 as of March 2026, a 12.5% increase from $440,000 the prior year.

How long do homes stay on the market in MESILLA PARK, NM?

Homes in MESILLA PARK, NM 88047 spend an average of 316 days on the market before going under contract, compared to 156 days the prior year.

Is it a seller's or buyer's market in MESILLA PARK, NM 88047?

Based on current inventory and days-on-market data as of March 2026, MESILLA PARK, NM 88047 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 316 days on market compared to 156 days last year.

How much can I save on real estate commission in MESILLA PARK, NM?

With SELL123.com's maximum 3% commission, sellers in MESILLA PARK, NM 88047 save an estimated $9,900 compared to a typical 5% commission on the median listing price of $495,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.